Climate Change Data

Environmental Metrics

ESG Focus Areas

• Regulatory Compliance
• Integrity of Assets
• Stakeholder Engagement and Development
• Corporate Culture, Branding and Reputation
• Leadership and Succession Planning

Environmental Achievements

• 15.6% decrease in total CO2 emissions (6,878 tonnes CO2 emissions reduction)
• Reduced fuel energy consumption by 5% (Genting Singapore)
• Reduced energy and electrical energy consumption and intensity by 3% (Genting Singapore)
• Reduced fresh water consumption by 11% (Genting Singapore)
• Reduced waste by 4.6% and increased the use of recycled materials by 39.4% (Genting Singapore)

Social Achievements

• Zero reportable serious work-injury related incidents for Genting Berhad and Genting Energy in 2016
• Employee turnover rate at Genting Berhad stood at 14%, a decrease of 2% from 2015
• Various CSR activities including blood donation drives, community investments, and educational sponsorships
• aRWSome Apprenticeship program partnering with Students Care Service to mentor 10 youths

Governance Achievements

• Zero reported cases through the whistleblowing channel during the year
• No confirmed incidents of corruption or breaches of the Code of Conduct in 2016
• Compliance with all the principles and recommendations set out in the Malaysian Code of Corporate Governance 2012

Climate Goals & Targets

Environmental Challenges

• Managing environmental impact of power and oil and gas businesses
• Maintaining casino gaming regulatory compliance
• Ensuring the sustainability of subsidiaries
• Managing risks throughout the value chain

Mitigation Strategies

• Monitoring energy usage and adopting energy-efficient technologies
• Frequent engagement with regulators
• Continuous engagement with subsidiaries to understand their corporate strategies
• Identifying various risks and threats, performing business impact analysis, and developing a business continuity plan

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Sustainability considerations including fair labour practices and safety requirements embedded into terms and conditions

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI G4 'core option'

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Economic Performance
• Regulatory Compliance
• Corporate Culture, Branding and Reputation
• Leadership and Succession Planning
• Community Investments

Environmental Achievements

• Banten power plant produced over 4,492 million kWh of electricity in Indonesia.
• Jangi wind farm produced 222 million kWh in India.
• Genting Energy successfully attained ISO 14001 Environmental Management System (EMS) certification.
• Banten power plant was graded as a Good Environmentally Friendly Company by the Serang Regency Municipal.

Social Achievements

• Over 115,000 people benefitted from the Group’s CSR activities.
• Established a Dementia Care Centre.
• Average hours of formal training per employee was 22 hours.
• Zero workplace fatality recorded by Genting Berhad and Genting Energy in the last 4 years.

Governance Achievements

• No confirmed incidents of corruption or breaches of the Code of Conduct.
• No material litigation involving IP rights infringement.

Climate Goals & Targets

Environmental Challenges

• Maintaining license to operate in various jurisdictions with different regulations.
• Managing environmental impact from power generation and oil & gas businesses.
• Ensuring adequate and reliable financial disclosures.
• Maintaining the integrity of assets and capital.

Mitigation Strategies

• Regular engagement with regulators.
• Implementation of environmental management systems and clean coal technologies.
• Compliance with Malaysian Financial Reporting Standards and International Financial Reporting Standards.
• Consistent growth in revenue and assets.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Sustainability considerations including fair labour practices and safety requirements are embedded into terms and conditions.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Standards 2016: Core option, Bursa Malaysia’s Sustainability Reporting Guide (2nd Edition) 2018

Certifications: ISO 14001 (Genting Energy)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Best Taxpayer Award 2018 (Inland Revenue Board of Malaysia)
• Resorts World Sentosa awards
• Resorts World Genting awards
• Genting Plantations awards
• Genting Energy awards

Environmental Metrics

ESG Focus Areas

• Maintaining the integrity of our assets
• Regulatory compliance
• Corporate culture, branding and reputation
• Leadership and succession planning
• Community investments

Environmental Achievements

• Resorts World Genting continued to protect and restore the 10,000-acre forest surrounding Genting Highlands.
• Genting Singapore implemented various sustainability initiatives on marine conservation, waste management, and energy savings on Resorts World Sentosa.
• 2.64 million kWh of energy saved at Resorts World Sentosa.
• Cumulative water savings of 1.83 million m3 at Resorts World Sentosa as of 2020.
• Protecting 64 endangered freshwater and marine species at Resorts World Sentosa.
• 94% of virgin rainforest in Resorts World Genting remained intact.
• Jangi wind farm produced over 184 million kWh of clean energy.
• ~0.99 million Mt of biomass recycled from Oil Palm based operations (equivalent to ~48% fresh fruit bunches produced).

Social Achievements

• Genting Berhad donated about USD450,000 worth of disposal virus pharyngeal swabs and sampling tubes and USD120,000 worth of personal protective equipments (“PPEs”) to hospitals under the Ministry of Health in Malaysia.
• Genting Energy donated approximately USD630,000 worth of medical equipment and supplies to the Government of Indonesia.
• Over RM8 million worth of community investments by Genting Malaysia (2019: RM6 million).
• Resorts World Las Vegas provided over 250 hours of time to run Toy Drives and Food Drives for families in need in Las Vegas.
• Zero fatalities on Genting Malaysia’s roads and the accident rate was reduced by 14% from 2019.
• 38 occupational accidents in Malaysia, a decrease of 44%.

Governance Achievements

• Genting Berhad has put in place the Anti-Bribery and Corruption system.
• All directors and employees of Genting Berhad have signed an Integrity Pledge and have declared conflicts of interests.

Climate Goals & Targets

Environmental Challenges

• The COVID-19 pandemic adversely affected the Group’s leisure and hospitality division with temporary business closures.
• Geopolitical changes and economic headwinds impacted the overall business performance.

Mitigation Strategies

• Diversified business strategy and cost rationalisation exercises helped to mitigate the adverse impact to the Group’s overall performance.
• Stringent health and safety measures were implemented group-wide in compliance to government guidelines and global best practices.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Sustainability considerations including fair labour practices and safety requirements are embedded into our terms and conditions.
• Suppliers must meet standards of ethics and business integrity on both social and environmental criteria.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Standards: Core option, Bursa Malaysia’s Main Market Listing Requirements

Certifications: ISO 50001:2018 (Genting Energy), ISO 14001:2015 (Genting Energy), ISO 45001:2018 (Genting Energy)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Numerous awards listed on pages 8-9 and 53-54

Environmental Metrics

ESG Focus Areas

• Empowering Good Governance
• Sustaining Economic Value Creation
• Driving Environmental Stewardship
• Safeguarding Community Welfare
• Enhancing Workplace Practices

Environmental Achievements

• 1.6 million MT of biomass recycled from oil palm based operations (equivalent to ~79% fresh fruit bunches produced)
• 202 GWh of Clean Energy produced at Jangi Wind Farm
• Zero exceedance in local environmental compliance at Banten power plant since commercial operations in March 2017
• Resorts World Sentosa protects 51 threatened marine species
• Resorts World Las Vegas reduced potable water use by 40% compared to industry baseline, energy savings upward of 38% in comparison to industry baseline, over 75% of all construction waste was diverted from landfills

Social Achievements

• Community investments RM15.4 million
• Employing over 47,000 people globally
• Over 94,000 people benefitted from our philanthropic activities
• Zero Incidents of Corruption Non-compliance and Human Rights Violations
• 100% of employees received anti-corruption training and awareness
• Resorts World Sentosa supported the Singapore government to contain the community spread of COVID-19

Governance Achievements

• Zero Incidents of Corruption Non-compliance and Human Rights Violations
• Zero legal actions on anti-competitive behaviour and zero violations of anti-trust and monopoly legislation
• 100% of directors and employees received anti-corruption training

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic disrupting supply chain, social and economic activities
• Unprecedented disruption to the travel and tourism industry
• Extreme weather events
• Heightened calls from regulatory bodies and institutional investors pushing for better ESG practices and reporting

Mitigation Strategies

• Implementing strict health and safety measures in compliance with government guidelines
• Encouraging employees to be fully vaccinated and take booster doses
• Sanitizing workplaces regularly and implementing rotational work schedules
• Supporting the society with community investments
• Enhanced sustainability approach to align with the latest reporting guidelines and disclosures

Supply Chain Management

Responsible Procurement

• Local sourcing
• Sustainability considerations in supplier selection (fair labor practices, business integrity, ethical standards, safety requirements)

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather

Transition Risks

• Regulatory changes, market shifts

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards 2016: Core option, TCFD, CDP

Certifications: ISO 14001, ISO 45001, ISO 9001, ISO 50001, LEED Gold

Third-party Assurance: No third-party assurance for non-financial data

Awards & Recognition

• Multiple sustainability awards and accolades for portfolio companies (details in respective reports)
• Keep Memory Alive Global Community Leadership Award (Tan Sri Lim Kok Thay)

Environmental Metrics

ESG Focus Areas

• Corporate Governance
• Economic Performance
• Environmental Stewardship
• Community Welfare
• Workplace Practices

Environmental Achievements

• 38% reduction in carbon emission intensity at Resorts World Sentosa (2015 as base year)
• 190 GWh of clean energy produced at Jangi Wind Farm
• Resorts World Las Vegas earned LEED Gold certification for all three hotels
• Banten power plant achieved zero exceedance in local environmental compliance since 2017
• Genting Jambongan Oil Mill achieved zero discharge status

Social Achievements

• RM17.8 million in community investments
• Resorts World Sentosa received Special Award for Sustainability at Singapore Tourism Awards for two consecutive years
• Zero fatalities at corporate offices, leisure & hospitality, and energy divisions
• Resorts World Sentosa achieved Platinum Level certification under the 2022 Sustainable Events Standards
• Genting Singapore received Gold Recipient at SSSG SkillsFuture Employer Awards 2022

Governance Achievements

• Zero major incidents of corruption, bribery, non-compliance, and human rights violations
• 100% of employees received anti-corruption training at Genting Berhad
• Zero legal action on anti-competitive behavior and zero violation of anti-trust and monopoly legislation in 2022

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to COVID-19 variants and extreme weather
• Malaysia landslide in December 2022
• Increasing calls for action on climate change and better ESG practices

Mitigation Strategies

• Reviewing operational ESG targets to align with national targets
• Decarbonization efforts including quadrupling solar panel capacity, piloting tidal turbines, upgrading district cooling plant, and implementing a new cloud-based Building Management System
• Integrating climate change, health, and wellbeing considerations into design and construction phases of projects
• Joint development of a 100 MWp aquaculture-complementary solar project in China

Supply Chain Management

Responsible Procurement

• Prioritizing local suppliers (93% in 2022)
• Integrating social, ethical, and environmental factors into supplier selection
• Implementing stringent procurement systems to ensure ethical and responsible vendor conduct
• Using SAP Ariba technology for greater control and visibility of transactions

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events

Transition Risks

• Regulatory changes, market shifts

Opportunities

• Development of energy-efficient products and renewable energy projects

Reporting Standards

Frameworks Used: GRI Universal Standards 2021, Bursa Malaysia Sustainability Reporting Guide, Bursa Malaysia Corporate Governance Guide, Malaysia Code of Corporate Governance 2021, FTSE4Good methodology, United Nations Sustainability Development Goals

Certifications: ISO 14001, ISO 45001, ISO 50001, LEED Gold

Third-party Assurance: Limited assurance on selected environmental and social data for Singapore operations

Awards & Recognition

• Malaysia’s Most Successful Sustainable Valuable Brand
• Resorts World Sentosa Special Award for Sustainability
• Resorts World Las Vegas LEED Gold Certification
• Banten power plant PROPER Blue rating

Environmental Metrics

ESG Focus Areas

• Corporate Governance and Risk Management
• Ethical Business Conduct
• Supply Chain Management
• Responsible Investing
• Assets Business Model Sustainability
• Cybersecurity and Data Protection
• Economic Performance
• Biodiversity
• Climate Change, Energy and Emissions Monitoring
• Water Management
• Waste, Pollution and Materials Consumption
• Customer Health, Safety & Security
• Community Investments
• Human Rights and Labour Standards
• Diversity, Equal Opportunity and Inclusion
• Talent Management
• Occupational Safety and Health

Environmental Achievements

• 29% reduction in carbon emission intensity at Resorts World Sentosa (2015 as base year)
• Resorts World Las Vegas powered by 100 percent renewable energy sources
• Quadrupled solar capacity at Resorts World Sentosa by installing solar panels across 12 additional sites
• Resorts World Sentosa’s Pandan Gardens office and warehouse achieved Green Mark Platinum Zero Energy certification
• Zero exceedance in local environmental compliance at Banten power plant since commercial operations in March 2017
• 181 GWh of clean energy produced at Jangi Wind Farm
• Groundbreaking ceremony for the SDIC Genting Meizhou Wan (Putian) New Energy 100MWp aquaculture solar plant

Social Achievements

• Resorts World Sentosa collaborated with Food from the Heart to fund equitable distribution of fresh produce to 2,400 underprivileged families
• Resorts World Genting established the first electric vehicle mobility hub
• RM19.9 million in cash and in-kind donations benefiting over 900,000 people
• Genting Malaysia partnered with Shell Malaysia and Porsche Malaysia to establish the first electric vehicle mobility hub
• Genting Singapore’s exemplary sustainability efforts were acknowledged with the “Sustainability Initiative of the Year” award

Governance Achievements

• Genting Berhad participated in Bursa Malaysia’s external user acceptance testing of ESG Reporting Platform
• Genting Malaysia maintained its inclusion in the FTSE4Good Bursa Malaysia Index since June 2018
• Refresher training on the Company’s Anti-Bribery and Corruption System was conducted in 2023 for all employees
• Zero case of bribery and corruption recorded in 2023

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions
• Climate change impacts (e.g., Cyclone Biparjoy affecting Jangi Wind Farm)
• Three work-related fatalities reported in the plantation division
• Lapses in performing customer due diligence measures at Resorts World Sentosa resulting in a financial penalty

Mitigation Strategies

• Developed alternative sourcing strategies
• Implementing various green technologies to reduce carbon emission
• Investing in innovation and technology
• Implementing technology enhancements to processes and intensifying employee training at Resorts World Sentosa
• Measures to minimise the ecological footprint through sustainable practices

Supply Chain Management

Responsible Procurement

• Prioritising local procurement
• Supplier Code of Conduct
• Sustainable Sourcing Guidelines
• Stringent vetting of suppliers
• Regular engagement with suppliers

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather
• Flooding

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Development of energy-efficient products
• Investment in renewable energy projects

Reporting Standards

Frameworks Used: GRI Universal Standards, Bursa Malaysia Main Market Listing Requirements, Bursa Malaysia Sustainability Reporting Guide – third edition, FTSE4Good methodology, United Nations Sustainability Development Goals

Certifications: LEED Gold, Green Mark Platinum Zero Energy, ISO 14001, ISO 45001, ISO 27001, ISO 9001, ISO 22000, ISO 50001, GBAC STAR

Third-party Assurance: Internal audit review, limited assurance on selected environmental and social data by external verifier

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 13 (Climate Action)
• Goal 8 (Decent Work and Economic Growth)
• Goal 15 (Life on Land)

Initiatives contribute to these goals through various environmental, social, and governance programs

Sustainable Products & Innovation

• Eco-friendly cleaning products
• Sustainable food ware packaging
• Refillable dispensers for wet amenities

Awards & Recognition

• Malaysia’s Most Successful Sustainable Valuable Brand
• Sustainability Initiative of the Year
• Singapore MICE Awards
• Gold award for Plantation sector in The Edge Malaysia ESG Awards 2023